RTFX TraderTip >> EUR-AUD Analysis - Tuesday 30 March 2010

[RTFX-Trading]

RTFX TraderTip >> EUR-AUD Analysis - 30 Mar 2010 The RF Tradertip™ is the presentation of Nostromo system that includes all the technical indicators and resumes the selected currencies pairs' situation on a daily, weekly and monthly basis. DAILY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction down 1.4602 Scenario for today There are initial signs of a good corrective recovery towards 1.4804 or even 1.4844. Supports at 1.4688 and 1.4612 zone. Key point 1.4586 Entry point 1.4751 Elliott 1.4914 Closing 1.4692 Projection 1.4602 Trendline 1.4679 Trendline 1.4741 Res 2 1.4995 Ex-High 1.4914 Res 1 1.4844 Pivot 1.4763 Sup 1 1.4612 Ex-Low 1.4683 Sup 2 1.4531 1.4826 1.4780 1.4631 1.4584   WEEKLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : flat correction up 1.4944 Scenario for this week It should test 1.5193 area after which a sell off down to 1.4667 or extended to 1.4499 area is expected. Key point 1.4763 Entry point 1.4683 Elliott 1.4602 Closing 1.4834 Projection 1.5057 Trendline 1.4824 Trendline 1.4718 Res 2 1.5040 Ex-High 1.4872 Res 1 1.4937 Pivot 1.4770 Sup 1 1.4667 Ex-Low 1.4602 Sup 2 1.4499 1.4971 1.4893 1.4642 1.4564   Warning: End of trend MONTHLY TECHNICAL ANALYSIS EUR-AUD         Scenario Technical points Supports / Resistances Channels & Oscillator Elliott : crucial reversal point Scenario for this month Market should not go lower than 1.5118 - 1.4840. After this move down it should go up to 1.5573 - 1.5749 area. Key point 1.4785 Entry point 1.5207 Elliott 2.0391 Closing 1.5193 Projection 1.3144 Trendline 1.5587 Trendline 1.5946 Res 2 1.6306 Ex-High 1.5953 Res 1 1.5749 Pivot 1.5396 Sup 1 1.4840 Ex-Low 1.5043 Sup 2 1.4487 1.5811 1.5578 1.4823 1.4590   Visit all our analysis on http://www.rtfx.com Open a real account   |   Open a demo account

Trading Desk, RTFX Ltd
16th September Square Mosta, MST 1180 Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.